Answer:
I used an excel spreadsheet since there is not enough room here.
Answer:
Each manager should be evaluated on the costs but not the revenues that are under his or her control.
Explanation:
Controllability refers to the amount of influence that a manager has over costs or revenues. In responsibility accounting, only those elements are identified which are controllable. A person is given the responsibility for managing such kind of elements.
A person is given an authority to control the costs so that they are able to keep up their performance.
However, according to the controllability concept to responsibility accounting,
each manager should also be evaluated on the revenues that are under his or her control.
<span>Solution:
Space to be left as open = 60% of 2400 square ft. = 2400 * 60/100 = 1440 sq. ft.
Space left for display = 2400- 1440 = 960 sq ft.
Size of each display = 10 ft * 4 ft = 40 sq. ft
Number of displays that can be fitted in the store = Space left for display / size of display
= 960 / 40 = 24
24 displays can be put up in the store.</span>
Answer:
D.Consumer Financial Protection Bureau.
Explanation:
The Consumer Financial Protection Bureau is a is a U.S. government agency that makes sure banks, lenders, and other financial companies treat fairly the citizen.
The most important areas of intervention of the bureau are:
- Monitoring unfair acts against the financial consumer.
- Demand the application of laws that harm the consumer.
- Receive consumer objections.
(a) Microville has the absolute advantage producing cars. Because the most it can produce is 10 while Macroville can only produce 5.
(b) The opportunity cost is 5 cars if Macroville decides to use all of its resources and produce 20 boats.
(c) Microville has the comparative advantage in producing cars? Because its opportunity cost for 1 car is 1 boat while Macroville's cost for 1 car is 4 boats.
(d) If each country were to specialize in producing either cars or boats and then trade for the other product, Macroville makes 20 boats and Microville makes 10 cars. Each country produces the goods it has a comparative advantage in. Cars for Microville and boats for Macroville.
